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Dec 13, 2012
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joining us now is david scoutville. david, first of all, how do you know the 1 billionth tourist is out there today and where might he or she arrive? >> it's impossible to tell where that personal is going to arrive. but we've calculated very precisely today is the day that ta 1 billionth tourist is going to cross an international border. as you said in your introduction, there's auto huge increase since travel started. only four years ago, that figure was 445 million. so that figure is growing quickly. >> one of the questions, though, become what are the tourism hot spots? are we seeing a shift to where people are going, how they're traveling? what is the outlook for 2013, in your view? >> 2012 will finish at a growth about 2.12%. as we go into 2013, it will be about the same sort of growth rate. most of the growth is coming in asia. europe is still by far the biggest inbound and outbound market. most of the future growth is coming out of china. it is a market which is exploding. i think in 2010, they had 58 million pe
joining us now is david scoutville. david, first of all, how do you know the 1 billionth tourist is out there today and where might he or she arrive? >> it's impossible to tell where that personal is going to arrive. but we've calculated very precisely today is the day that ta 1 billionth tourist is going to cross an international border. as you said in your introduction, there's auto huge increase since travel started. only four years ago, that figure was 445 million. so that figure is...
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Dec 12, 2012
12/12
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joining us, managing director. what do you make of inditex. >> i think with the share price performance you've seen for that, up almost 70%, almost nothing would please the market. the results are a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >> absolutely. i think it goes back to the strengths of its model. i think more than anyone else they listen to the consumer. this is fast fashion taken to the extreme. there's something new in the stores every two weeks. there's a reason to keep going every two weeks. they get feedback from the store managers quickly on what's working, what's not working. go back to the production people, say we need this more, we need less of this. >> the supply chain must be -- where are they making this stuff? how are they able to get it into the store so quick three
joining us, managing director. what do you make of inditex. >> i think with the share price performance you've seen for that, up almost 70%, almost nothing would please the market. the results are a league of its own. 7% like -- remember, the business is still majority in spain, italy, portugal, greece, et cetera. over 50% of sales. there 7% like for like. margins rising. it is a special company. >> taking a big -- are they taking a chunk of market share, as well? >>...
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Dec 10, 2012
12/12
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stay with us. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. >>> you are watching "worldwide exchange." no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic malaise in europe, japan and the u.s. all taking its toll. and obama and boehner meet face-to-face as the clock ticks towards the fiscal cliff. >>> china's growth has recently improved. may well be on track to surpass beijing's 7.5% gdp target for the year. but november's softer than expected trade data highlights the vulnerability to riskes from abroad. joining us more now is eunice eune. how likely is it that we see china hit or surpass these growth targets given the figures showed us? >> well, people are growing concerned abou
stay with us. can i help you? i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on grounipping at fedex office. >>> you are watching "worldwide exchange." no rest for italy. banking stocks lead the ftse mib lower as political uncertainty speaks investors. economic...
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Dec 28, 2012
12/12
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still with us, alistair. first of all, it seems like netanyahu has the upper hand in terms of the elections. is there any doubt that he's going to be re-elected? >> there's always a bit of doubt. but he and his part they are, as you put it, the party, the extreme right wing party, they'll probably only get something like 35 seats. and they need 6 is for a majority. so they're still going to have to negotiate with the coalition, probably bring. >> a couple of the orthodox jewish parties. and there's a couple of right centers which together are likely to give them a stable majority. so i think marginal the possibility of netten use hue not being returned to prime minister's office. now, for the last year, i've been saying, including several times on cnbc, that netanyahu would not launch a strike against iran until this election was out of the way. now, i could still be proved wrong, but it's sort of looking like one of my better calls at the moment. and markets seem to have got that message on board. if you thi
still with us, alistair. first of all, it seems like netanyahu has the upper hand in terms of the elections. is there any doubt that he's going to be re-elected? >> there's always a bit of doubt. but he and his part they are, as you put it, the party, the extreme right wing party, they'll probably only get something like 35 seats. and they need 6 is for a majority. so they're still going to have to negotiate with the coalition, probably bring. >> a couple of the orthodox jewish...
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Dec 18, 2012
12/12
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e-mail us your thoughts or tweet us. and moving forward, i think we have just mentioned what you can do with the e-mails. and now we want to take a look at the markets. the ftse 100 adding .3%. double that for the xetra dax. the cac 40 up by about .25% and the ibex is snapping up this morning. it's up about 1%. the bond will reflect this risk on attitude. we're seeing spain and italy yields falling 5.4% or just under that level in spain. gilt in particular, if you look at the 1.92% level, this on the back of the inflation report which showed cpi up 2.7% year on year. forex, the euro/dollar was stronger earlier. we're seeing just a little bit to the up side. not too far off the 1.32 mark which is extraordinary. the sterling moving to a multi month high. 1.62. it's just over that level this morning, up .1%. >>> now, spain will keep a quick look -- take a quick look at the results from italy in this debt auction. we've got basically an offering of short-term bills, three month and six-month bills. the yields on that are sti
e-mail us your thoughts or tweet us. and moving forward, i think we have just mentioned what you can do with the e-mails. and now we want to take a look at the markets. the ftse 100 adding .3%. double that for the xetra dax. the cac 40 up by about .25% and the ibex is snapping up this morning. it's up about 1%. the bond will reflect this risk on attitude. we're seeing spain and italy yields falling 5.4% or just under that level in spain. gilt in particular, if you look at the 1.92% level, this...
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Dec 21, 2012
12/12
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get in touch with us here, e-mail us, worldwide@cnbc.com. tweet us. >>> joe gill has decided not to slap a downgrade on the country's growth for the first time in four months. japan looks set to recover from its fourth remember session in 12 years on a pick up in industrial demand. still, it did warn that japan's economic environment remains week. the bank of japan also says foreign ownership of government bonds has risen to a record high at the end of september. this is important. the data suggests japan is growing more reliance on overseas investors to fund the nation's massive debt. reuters is reporting that heavy demand from japanese investors has helped increase foreign holding of polish sovereign bonds. asian investors are apparently attracted to poland's better returns and less risky economy. for more on this, we're joined by rajig beswos. i just want to start here on this point about japanese investors buying polish debt. you can understand why a japanese investor is looking for yields. is there any reason to be concerned about their
get in touch with us here, e-mail us, worldwide@cnbc.com. tweet us. >>> joe gill has decided not to slap a downgrade on the country's growth for the first time in four months. japan looks set to recover from its fourth remember session in 12 years on a pick up in industrial demand. still, it did warn that japan's economic environment remains week. the bank of japan also says foreign ownership of government bonds has risen to a record high at the end of september. this is important. the...